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Shell and its partners have started up two subsea compressors to boost the recovery rate at the Ormen Lange naturalgasfield in the Norwegian Sea, the UK-based supermajor, which operates the field, said on Friday. Shell expects the compression stations to raise the gas recovery rate to 85% from the current 75%.
Iran is boosting naturalgas production from Phase 11 of the giant South Pars field after bringing online a key new well, Iranian media reported on Tuesday. Thus, the total naturalgas output at the giant South Pars field has reached 20 mcm/d.
1 naturalgas project in the South China Sea, boosting domestic output by 4.5 The project, China’s largest deepwater gas development to date, officially reached full capacity on June 26, according to CNOOC officials cited by China Daily. billion cubic meters (bcm) per year.
Naturalgas is one of the world’s most important energy resources—cleaner-burning than coal and oil, and a reliable source of heat, electricity, and industrial power. Let’s explore where naturalgas is found, both on a global scale and right here in the U.S. NaturalGas in the U.S.
Equinor has made a gas discovery close to its Johan Castberg oilfield in the Barents Sea and will assess a potential tie-in to the now fully operational Arctic field.
Naturalgas keeps the lights on, heats homes and fuels local jobs across the Philadelphia region. The bottom line is that naturalgas is essential to the very quality of our life. And naturalgas continues to deliver exactly that. Naturalgas has also been a key driver of environmental progress.
A joint venture of ExxonMobil and Woodside Energy has approved a $222-million project to drill new wells and boost naturalgas production from fields in the Gippsland Basin offshore southeastern Australia.
Chinas state energy company CNOOC said today it had discovered a new oil field in the South China Sea that could contain over 100 million tons of crude oil, equal to around 733 million barrels. Dubbed Huizhou 19-6, the field is located some 100 miles offshore the province of Shenzhen.
Europes benchmark naturalgas prices rose early on Monday following an unplanned cut to capacity of the giant Troll gasfield in Norway, the single largest supplier of gas to Europe. Dutch TTF NaturalGas Futures, the benchmark for Europes gas trading, jumped by 2.2% higher at 11:30 a.m.
says its Delo 600 ADF 10W-30 and Delo 600 ADF 15W-40 heavy-duty engine oils have been approved for use in Cummins mobile naturalgas engines. Chevron Products Co.
Ingevity and Ozinga Energy have partnered to begin a field demonstration of adsorbed naturalgas (ANG) bi-fuel pickup trucks. Developed by Adsorbed NaturalGas Products Inc. Developed by Adsorbed NaturalGas Products Inc.
Israeli authorities allowed the Chevron-operated Leviathan naturalgas and condensate field to restart production, after ordering a pause about two weeks ago amid Israel's exchange of attacks with Iran.
naturalgas storage is on track to end the April-October summer injection season at a three-year low of 3.797 trillion cubic feet (tcf) on October 31, 2025, according to analysts’ estimates. (BOE Report) – U.S. Reporting by Scott DiSavino)
However, analysis from Rystad Energy shows the upcoming Jafurah shale gasfield, set to start production in 2025 and the largest of its kind globally, could dramatically shift this dynamic. By tapping into unconventional gas,
Israel's NewMed said on Wednesday the Leviathan naturalgasfield that supplies gas to Egypt and Jordan, shut down nearly two weeks ago due to the Iran-Israel conflict…
According to Reuters, some Egyptian Fertilizer companies had to stop production on Friday due to the expected drop in naturalgas supplies after major Israeli gasfields suspended operations following Israel’s military strikes on Iran.
For naturalgas utilities, the children of many employees might be surprised by what they find when they go to the office with their parents this April. million miles of pipeline providing gas to more than 74 million customers in the U.S. Thats what makes Bring Your Child to Work Day so special for the naturalgas industry.
The key fields contributing to the increase include Pasakhi/Pasakhi North East, Rajian, Kunar, Sono, Thora, Jhandial, and Lashari Centre, according to a report by Arif Habib Limited cited by Pakistani media. Naturalgas reserves in Pakistan remained relatively flat last year compared to the gas reserve estimate for 2023.
Turkeys state energy firm TPAO will sign a partnership deal with UK-based supermajor BP and with Azerbaijans state oil and gas company Socar for the development of a naturalgasfield in the Azeri sector of the Caspian Sea, Turkish Energy Minister Alparslan Bayraktar said on Monday.
(World Oil) –MOL has discovered a new oil field near Somogysmson in Western Hungary. As a landlocked country, our oil supply is largely via pipelines and intermediaries, added Dr. Over the next five years, the company plans to invest approximately HUF 150 billion in oil and naturalgas production in Hungary.
bp, which has pivoted away from its failed low-carbon strategy to focus more on fossil fuels, signed a memorandum of understanding to study reviving two huge oil fields in Libya, it said in a statement on Tuesday. bp’s agreement covers the Sarir and Messla oil fields, which were discovered in 1961 and 1971, respectively.
News True Blue Blog Utilities are adopting game-changing platforms to seamlessly integrate field services with customer serviceboosting both customer and employee satisfaction Where energy conversations come to life. When field services and customer service come together successfully, theres no telling what might happen.
Brent Crude $78.03 +1.73% NaturalGas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS BW Opal FPSO Arrives at Barossa Field, Commissioning Underway by Paul Anderson | Rigzone Staff | Thursday, June 19, 2025 | 2:53 AM EST The platform's arrival keeps Barossa LNG on track to start production in the third quarter.
Chevron started its seabed survey operations in early summer, adhering to the timetable for the construction of a strategic pipeline that will connect the Aphrodite gasfield in the Eastern Mediterranean to Egypt, according to a statement by the government of Cyprus.
(World Oil) – bp has received final government ratification for its contract to invest in the redevelopment of several giant oil fields in Kirkuk, in the north of Iraq. This is an enormous opportunity as we grow bps oil and gas business and fully aligned with our strategy of strengthening our upstream portfolio.
Naturalgas production from the massive discovery in the Black Sea offshore Romania is expected to begin in 2027, Austrias energy giant OMV said on Wednesday, adding that the project, Neptun Deep, is advancing as scheduled. Initial gas production at Neptun Deep is planned for 2027.
Image by McFranki via iStock In a statement posted on its site recently, the Texas Railroad Commission (RRC) revealed its latest preliminary crude oil and naturalgas production figures. The RRC noted in the statement that crude oil and naturalgas production for March came from 157,192 oil wells and 83,898 gas wells.
“This Memorandum of Understanding outlines the realization of a work program for the appraisal and development of gas resources in the North-East Timimoun region, in synergy with existing processing facilities for production from the Timimoun field, to reduce costs and emissions”, TotalEnergies said in a press release April 8, 2024.
Israeli government has ordered Chevron’s subsidiary Chevron Mediterranean to halt production at its operated Leviathan offshore naturalgas project amid security…
naturalgas scene, marking its first real foray into the Lower 48s upstream and LNG ambitions. The Abu Dhabi wealth funds energy arm has snapped up a 24% stake in SoTex HoldCo LLCoperator of a shale gasfield and backer of an LNG terminal in Louisiana. Mubadala Investment Co just planted its flag in the U.S.
Brent Crude $78.03 +1.73% NaturalGas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Inpex Granted Production Concession for UAE Block by Rocky Teodoro | Rigzone Staff | Thursday, June 19, 2025 | 8:56 AM EST The Japanese energy firm has been conducting exploration and evaluation activities in the block since 2018.
Underground working naturalgas storage capacity in the lower 48 states increased last year, according to the latest data from U.S. EIA calculates naturalgas storage capacity in two ways: demonstrated peak capacity and working gas design capacity. Energy Information Administration. Both increased in 2024.
Image by pavalena via iStock Vietnam Oil and Gas Group (Petrovietnam) and its joint venture partners have signed a product sharing contract (PSC) for Block 15-1 on the southern continental shelf of Vietnam. The asset is one of the few blocks in Viernam that contains large-scale commercial oil and gasfields.
Brent Crude $66.90 +0.65% NaturalGas $3.69 -2.62% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS CNOOC Announces Seventh Upstream Startup in Chinese Waters This Year by Jov Onsat | Rigzone Staff | Monday, June 09, 2025 | 3:37 AM EST Weizhou 5-3 is expected to reach a peak output of about 10,000 bpd next year. feet) deep.
Image by Tatyana Ponomareva via iStock Equinor ASA on Monday announced another discovery in the recently started-up Johan Castberg field on Norway’s side of the Barents Sea. “The licensees will consider tie-in of the discovery to the Johan Castberg field”, said Equinor, which operates Johan Castberg with a 46.3
Allison Transmission has partnered with Cummins to test and validate the new Cummins X15N 15-liter naturalgas engine paired with the Allison 4000 Series fully automatic transmission.
Funded entirely by Pennsylvanias impact tax on naturalgas development, the Commonwealth Financing Authority (CFA) is awarding $16 million in grants to fund 148 new projects across the state, Governor Josh Shapiro recently announced. Since 2012, impact fees have provided more than $2.7
A large workshop was held at the headquarters of Eni company in Milan, Italy, with the attendance of significant oil and gas leaders from Egypt. The workshop discussed the future of the Zohr field project and production sustainability, with a focus on the third phase of the project.
Image by Emiliano Ortiz via iStock Italy’s Eni SpA and Argentina’s YPF SA have signed an agreement to build a liquefaction facility to enable the export of naturalgas from the Vaca Muerta field in the South American country. The capacity is planned to grow to up to 30 million tons per annum (MMtpa) by 2030.
The targeted nature of these strikes suggests a deliberate attempt to avoid major disruptions to international markets: the affected refinery and gasfield serve Iran’s domestic consumption needs. About Enverus Intelligence® Research Enverus Intelligence® Research, Inc.
Crude oil and naturalgas investments in Colombia could rise to $4.68 billion in 2024, the countrys oil and gas industry association said, adding that this will not lead to higher production. billion this year, from $4.33
to study reviving two huge oil fields in the African nation. “This agreement reflects our strong interest in deepening our partnership with NOC and supporting the future of Libya’s energy sector,” said BP Executive Vice President of Gas and Low Carbon Energy William Lin. What do you think?
The area includes 17 gasfields at water depths ranging from 300 to 1,200 m. These reservoirs have been progressively developed to provide gas for the Egyptian domestic market and the Egyptian Liquefied NaturalGas (ELNG) plant.
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